Scripted Wealth | Money & Meaning for Pharmacists

This week, Dr. Lauren Castle, founder of Functional Medicine Pharmacists Alliance, discusses how her experiences working with Walmart in influencer marketing and personal branding helped prepare her for growing her business,  why she started FMPhA to integrate pharmacists into functional medicine, and her transition from employee to entrepreneur. Links Mentioned in Today's Episode YFP Planning: Fi...

Dr. Matt Kauflin, Co-Founder at Teach Me Pharm, discusses the creation of Teach Me Pharm, how his pharmacy-related side hustles helped to fund his growing real estate portfolio, and his plans to build generational wealth. Links Mentioned in Today's Episode Connect with Matt Kauflin, PharmD, BCPS on LinkedIn Teach Me Pharm Replace Your Income: A Lawyer's Guide to Finding, Funding, and Managing Real...

Dr. David Zgarrick, a Professor Emeritus of Northeastern University, shares why he views the next phase of life as a preferment phase of his career, why he started planning financially early in his career, and advice for new grads facing the financial headwind of competing priorities including student loans, saving for the future, and buying a home. Links Mentioned in Today's Episode YFP Planning:...

Dr. Michael Lee, a pharmacist and newly minted real estate agent, shares his mindset and approach to starting new ventures, insights that pharmacist real estate investors can apply to take on any new challenge, and his tips for getting out of your comfort zone as a rookie in the field of real estate. Links Mentioned in Today's Episode The Your Financial Pharmacist Podcast Connect with Michael Lee...

Sean Richards, CPA, EA returns to the podcast to discuss the difference between tax planning and tax preparation, how effective tax planning can prevent costly mistakes, tax changes for 2023, and the basics of YFP's Comprehensive Tax Planning.  Links Mentioned in Today's Episode Learn more about YFP Tax YFP Tax Comprehensive Tax Planning YFP 283: How to Optimize Your Tax Situation with Sean Richar...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Celine from the website: What are the pros/cons of buying an annuity? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 272: How Much Is Enough? (Retirement Planning) YFP 273: Alphab...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, discuss practical ways that real estate investors can take action based on market predictions for 2023.  Links Mentioned in Today's Episode YFP Real Estate Investing 90: Three (Likely Wrong) Predictions for 2023 Real Estate Join the YFP Real Estate Investing Facebook Group YFP Real Estate Investing Download the Property Analy...

Kun Yang, a pharmacist and Co-Founder & CEO of Pricklee Cactus Water, shares how and when he knew the entrepreneurial path was right for him. In this episode, he discusses the experience of being on Shark Tank, where he effectively navigated a negotiation with two sharks that led to a deal, and the most important skills he has had to acquire as an entrepreneur leading a growing company. Links Ment...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, share their predictions for the real estate market in 2023, including interest and mortgage rates, rent rates, and house pricing.  Links Mentioned in Today's Episode Planet Money Join the YFP Real Estate Investing Facebook Group Connect with Nate Hedrick on LinkedIn FRED Economic Data: 30-Year Fixed Rate Mortgage Average in t...

This week we replay a YFP Podcast Classic. Suze Orman, #1 New York Times bestselling author on personal finance with over 25 million books in circulation, joins Tim Ulbrich on today's episode. They talk about her most recent book Women & Money: Be Strong, Be Smart, Be Secure and the advice Suze has for pharmacy professionals feeling overwhelmed with their student loan debt and managing their finan...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, discuss standout moments from a common resource of podcast guests from the last year and why the book has motivated so many to start their journey in real estate investing.  Links Mentioned in Today's Episode Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyo...

Tim Gauthier, antimicrobial stewardship pharmacist and pharmacy entrepreneur, discusses the genesis of IDStewardship.com and LearnAntibiotics.com, how he has monetized his clinical expertise to create passive revenue streams, and how he balances the demands of entrepreneurship with his personal and professional commitments.  Links Mentioned in Today's Episode YFP Planning: Financial Planning for P...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Alex from the YFP Facebook Group: How can I make sure that all my loans qualify for PSLF? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Join the Your Financial Pharmacist Facebook Gr...

Drew Wiard, The Flying Investor, returns to the YFP Real Estate Investing podcast with an update on his evolution from his successful pharmacy career to his present role as a full-time real estate investor. Drew shares about the power of early retirement, how he was able to ease through this change through mindset work, and the importance of being comfortable with being uncomfortable.  Links Menti...

YFP Co-Founder & Director of Financial Planning, Tim Baker, CFP®, RLP® is joined by Kelly Reddy-Heffner, CFP®, CSLP®, CDFA®, and Christina Slavonik, CFP® to discuss retirement scenarios and how to handle a large cash position in this YFP Planning Case Study. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP Tax...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Sean: What do you think about purchasing I-Bonds now that rates have dropped? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning TreasuryDirect: I Bonds YFP 239: Two Financial I's You May...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, break down key components and mechanics of housing assistance voucher programs and outline general requirements for real estate investor participation.  Links Mentioned in Today's Episode US Department of Housing and Urban Development: Housing Choice Vouchers Fact Sheet Zillow Apartments.com STESSA YFP Real Estate Investing 2...

Tony Umholtz, a mortgage manager for First Horizon, talks through the current state of the home buying market and interest rates, how to navigate the options available to purchase a home, considerations for all types of buyers, and unique lending considerations. Links Mentioned in Today's Episode Learn More About First Horizon's Pharmacist Home Loan and Start the Pre-Approval Process YFP Planning:...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Paul: Can I use HSA money when living outside the US? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 165: The Power of a Health Savings Account Why I'm Not Using My Health Savings...

Steven Nguyen, a pharmacy director and real estate investor, explains how he scaled from one single-family home to 90 units in five years while continuing to work full-time in his pharmacy career.  Links Mentioned in Today's Episode BiggerPockets BiggerPockets Podcasts Connect with Steven Nguyen on Youtube Follow Steven Nguyen on Instagram: @makingmultifamilymoney Follow Steven Nguyen on TikTok: @...

Dr. Jimmy Pruitt, an emergency medicine clinical specialist and entrepreneur, discusses what led him to start the Pharmacy and Acute Care University, how he monetized his clinical expertise through developing masterclasses, workshops, reference libraries, community forums, and webinars about the effective use of medications in the management of critically ill patients, how he has balanced the star...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Tabita: What investing vehicles (outside of real estate) should I consider if planning for an early retirement? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning FIRE Rx: The Pharmacist'...

Dr. Corrie Sanders, founder and CEO of Hawaii's only pharmacogenomic consulting company, Huna Health and President of the Hawai'i Pharmacists Association, discusses mindset, investing, and how she manages her pharmacy career and real estate investing in one of the most expensive markets in the country. Links Mentioned in Today's Episode BiggerPockets I Will Teach You to be Rich by Ramit Sethi Conn...

YFP Director of Tax, Sean Richards, CPA, EA, talks about optimizing your tax situation as a pharmacist. He discusses tax basics that every pharmacist should know, the critical distinction between tax planning and tax preparation, and how to prepare for the year-end to put yourself in the position to have a headache-free tax season.  Links Mentioned in Today's Episode YFP Tax Join the Waitlist for...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a recent presentation: What's the best way to begin with investing in real estate? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP Real Estate Investing Podcast Send in your questi...